Kimco Realty Announces Pricing of $500 Million 3.400% Notes due 2022

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Cowen Raises Price Target on Kimco Realty (KIM) Reflecting Albertson's IPO Price Range

October 7, 2015 5:00 PM EDT

Cowen reiterated an Outperform rating on Kimco (NYSE: KIM), and raised the price target to $28.00 (from $24.50), reflecting the Albertson's IPO price range of $23 - $26, or $24.50 at the midpoint.

Analyst James Sullivan commented, "We are raising our NAV estimate to $27.93 from $26.53 to reflect the... More